RM Secured Direct Lending maintains dividend and reports a 'strong mixed picture' in first half

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls updates Proactive London's Katie Pilbeam on its portfolio’s performance in the first half of 2020. Nicholls explains that versus its peer group the results were a 'strong mixed picture' especially given the context of the challenging economic conditions. The net asset value total return (i.e. including dividend payments) in the first six months of 2020 was -3.4%, stronger than the -5.4% total return on the Markit IBOX Euro Liquid High Yield index.